Welcome to our dedicated page for Navient news (Ticker: NAVI), a resource for investors and traders seeking the latest updates and insights on Navient stock.
Navient Corporation reports developments tied to education finance, portfolio management and digital lending through its Earnest subsidiary. The company owns and manages Federal Family Education Loan Program loans and private education loan portfolios, supports in-school and refinance private education loan originations, and provides servicing oversight after shifting to an outsourced servicing model.
Recurring Navient news includes quarterly and year-end financial results, common-stock dividend declarations, leadership and board updates, and strategic actions to simplify the company following the divestiture of its business processing unit. Company updates also reference the performance and organization of its education finance activities, capital markets and corporate functions.
Earnest has acquired Going Merry, a platform providing students access to scholarships and financial aid tools. This acquisition aims to enhance Earnest's offerings in education finance, enabling better access to financial aid opportunities for students. Going Merry, used by over 50% of US high schools, has helped students secure nearly $100 million in additional financial aid since its inception in 2017. The combined resources will provide tools for financial aid analysis, budgeting, and loan comparison, reinforcing Earnest's mission to make education affordable.
Navient (Nasdaq: NAVI) announced that its President and CEO, Jack Remondi, will participate in a virtual fireside chat at the Barclays 2021 Global Financial Services Conference on Sept. 13 at 8:10 a.m. ET. The session will be accessible via a live video webcast on Navient.com/investors, with a replay available about two hours post-presentation until Sept. 27.
Navient specializes in education loan management and business processing solutions for various sectors including education and healthcare.
Navient (Nasdaq: NAVI) has announced a Q3 2021 dividend of $0.16 per share, demonstrating the company’s commitment to returning value to shareholders. The dividend will be paid on September 17, 2021, to shareholders recorded by the close of business on September 3, 2021. This decision highlights Navient's financial stability and shareholder value focus amid its ongoing operations in education loan management.
Michael Lawson has been appointed to the Navient board of directors, effective August 2, 2021. His extensive background in law, civil rights, and leadership, particularly as president and CEO of the Los Angeles Urban League, is expected to enhance the board's expertise. Lawson's legal career includes significant positions at Skadden, Arps, and service as a U.S. ambassador nominee. His appointment is anticipated to contribute to Navient's mission of empowering education and economic opportunities.
Navient (Nasdaq: NAVI) announced second-quarter financial results for 2021, which are available on the company's website and the SEC. A conference call is scheduled for July 28, 2021, at 8 a.m. ET, hosted by CEO Jack Remondi and CFO Joe Fisher. Interested parties can join via phone or through a live audio webcast. Supplemental financial information will be provided during the call. Navient specializes in education loan management and business processing solutions, aiding clients across various sectors.
Navient (Nasdaq: NAVI) announced the release date for its 2021 second-quarter financial results on July 27, 2021, after market close. The company will hold a conference call on July 28, 2021, at 8 a.m. ET to discuss the results. Investors can access the earnings release via a news service and Twitter @Navient, with filings available on the SEC website. A live audio webcast of the call will be accessible on the company’s investor page. A replay will be available shortly after the call's conclusion.
Navient specializes in education loan management and business processing solutions.
Navient (Nasdaq: NAVI) announced a quarterly dividend of $0.16 per share on its common stock, approved by its board of directors. This dividend will be distributed on June 18, 2021, to shareholders on record as of June 4, 2021. Navient plays a significant role in education loan management and business processing solutions, assisting clients across various sectors.
Navient (Nasdaq: NAVI) has appointed Kelly Christiano as executive vice president of consumer lending, effective immediately. Christiano brings extensive experience, having previously held senior positions at IGI Enterprises and Sallie Mae. Her leadership is expected to enhance Navient's consumer lending organization, known for innovative products that benefit customers. CEO Jack Remondi praised her reputation for innovation and execution in both startups and Fortune 500 companies. Christiano holds degrees from Harvard University and The Wharton School.
Navient (Nasdaq: NAVI) released its Q1 2021 financial results on April 27, emphasizing its role as a top provider of education loan management and processing solutions. The complete financial details are accessible on their investor website, with a conference call scheduled for April 28 at 8 a.m. ET. Hosted by CEO Jack Remondi and CFO Joe Fisher, the call will provide insights into the company’s performance. Navient's commitment to supporting clients through technology-enabled financing solutions remains strong, serving various sectors including education and healthcare.
Drive-Thru College Fairs in Delaware, hosted by the Boys & Girls Clubs of Delaware, support families in college planning. Partnering with the Navient Community Fund, these free events will run every Saturday from May 1, 2021, at various locations. The fairs aim to assist families in preparing for college amid COVID-19, providing essential information, scholarships, and engagement activities. Snacks and entertainment will be available, ensuring a safe and engaging environment for students and families.